Japanese Candlesticks Analysis
Japanese candlesticks analysis is one of the classic tools for analyzing the currency market. The most important candlestick components here are the open, the close, the high, and the low. The color of candlesticks, black or white, depends on the ration between the security price when the candlestick opened and closed.
25.06.2019
Japanese Candlesticks Analysis 25.06.2019 (USDCAD, AUDUSD)
USDCAD is testing the descending channel’s downside border, while AUDUSD is testing the upside border of the descending channel and forming reversal patterns.
24.06.2019
Japanese Candlesticks Analysis 24.06.2019 (GOLD, NZDUSD)
GOLD continues forming the ascending tendency, while NZDUSD is still growing after rebounding from the support line.
21.06.2019
Japanese Candlesticks Analysis 21.06.2019 (EURUSD, USDJPY)
EURUSD continues forming the rising channel with slight corrections, while USDJPY is still trading downwards.
20.06.2019
Japanese Candlesticks Analysis 20.06.2019 (USDCAD, AUDUSD)
USDCAD is testing another support level, while AUDUSD is testing the upside border of the descending channel.
19.06.2019
Japanese Candlesticks Analysis 19.06.2019 (GOLD, NZDUSD)
GOLD is rebounding from the support level of the rising channel, while NZDUSD is testing the horizontal support line.
18.06.2019
Japanese Candlesticks Analysis 18.06.2019 (EURUSD, USDJPY)
EURUSD continues forming the rising channel, while USDJPY is still trading sideways and forming reversal patterns.
17.06.2019
Japanese Candlesticks Analysis 17.06.2019 (USDCAD, AUDUSD)
USDCAD is testing another resistance level, while AUDUSD is testing the horizontal support level.
14.06.2019
Japanese Candlesticks Analysis 14.06.2019 (GOLD, NZDUSD)
GOLD has rebounded from the support level, while NZDUSD is testing the support line while trading upwards.